Morgan Stanley raised the firm’s price target on Deere (DE) to $730 from $560 and keeps an Overweight rating on the shares. Despite the year-to-date move in shares and lingering challenges in Ag fundaments, the firm sees near-term and long-term reasons why Deere can continue to outperform, the analyst tells investors.
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Read More on DE:
- Deere price target raised to $750 from $543 at Wells Fargo
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